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taxpayers. president obama left the white house and headed to this house. a home in falls church where this high school teacher shares with her parents, her husband, and her son. >> this is a solvable problem. >> reporter: the trip was arranged after santana contacted the white house describe how the $2,200 more in taxes would affect her family. >> a couple thousand means a couple of months rent for this family. >> reporter: president obama said that he supports keeping the bush era tax cuts for the middle class in place but ending them on incomes over $250,000 if there is no deal by new year's, everyone pays more. >> if this family has a couple of thousand left to spend, that translates into $200 billion of what consumer spending next year and that is bad for businesses, large and small. >> reporter: they won't support tax hikes but will support raising revenues by limiting tax deductions, closing loopholes and cutting spending. >> i think it's safe to say at that point that the president is not interested in a balanced agreement. he's not particularly interested in avoiding the fisca
. president obama with a big kind of pep rally at the white house to push those tax cuts for the middle class and republicans on capitol hill saying no, no, no, we hate the middle class. come on. let's give tax cuts to the rich! the millionaires and the billionaires, to the koch brothers and donald trump. we'll bring you up to date and give you a chance to sound off on the issues which i know you can't wait to do. you can do it by giving us a call at 1-866-55-press. you can join the conversation on twitter at bpshow on facebook, facebook.com/billpressshow. and if you really want to get into it with your fellow "full court pressers," go into the chat room. try it out. it is a lot of fun. go to current.com and click on the chat room and you are in! here we are. lucky day. thursday november 29 for somebody. >> it wasn't that lucky. you're still here. peter ogborn and dan henning good morning guys. leading team press with phil backert and cyprian bowlding. cyprian and i had our powerball tickets. we were ready, we were
of president obama. the white house released a statement of support, quote, the president has said many times that the american people are demanding action. they want to see progress and not partisan delay games. and while reid now has the president's support, he's still lobbying to get his own party ducks in the row as there are democrat being senators that remain unconvinced, not to mention of course the fierce opposition by the gop. speaker of the house john boehner is on the record saying the move is designed to marginalize republicans. in the guest spot today is our recent content specialist on the ways and means of congress. jimmy williams. thanks for being with us. >> happy friday. >> so our friend steve kornacki is not here, but he has strong feelingses on the shove philly filibuster reform. he thinks the changes won't make a difference. >> it's called the motion to row. it means that a bill could only be filibustered once it's being debated on the floor. even if adopted, it will still take 60 votes to pass anything in the senate. >> and steve also says that requiring senators to hold
there. obama won the white vote. >> it wasn't a huge hispanic vote in new hampshire. >> and in colorado, off by more than eight points. in a state where latinos are 40% of the electorate. they must have been off by numbers of magnitude to be that far off. and that's not plausible. these are one-day sam 78s. no one day polster is reading into one day swings and deciding that is t goes over the top. even if they thought these numbers were true, they were still losing. these numbers add up to 267 electoral votes. they are still down in ohio by 2. were 2 points enough for the difference in the final two days? maybe. but that's not enough to not write a concession speech. >> if your numbers say you are losing and you lose, that should be something that no one saw coming. >> a writing a plain blog about politics and had an interesting point on this web said, what the romney campaign did here was completely rational. every campaign needs to believe they can win. if they don't believe they can win, they are going to lose. so fooling yourself is a totally rational thing to do if you are a campai
romney had lunch with president obama over at the white house. and in the middle east, joy and flag waving because of an impending decision at the united nations. i'll ask israel's ambassador to the united states why he thinks -- why his country thinks the u.n.'s possibly interaction is a bad idea. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's hard words in the negotiations to avoid the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there
that the elections are over, it is time for president obama and the white house to get alan home. no matter how they have to do it, no matter who they have to do it with, it could take several -- not to give up. they have to find the right people to get together and negotiate. what they negotiate, it's fine with me. they just need to bring alan home and we're really advocating strongly president obama get himself involved in this to get him home. >> judy gross, thank you very much. >> you're welcome. >> and who's going to blink first in the fiscal cliff negotiations? our friday political package up next. first, the first dog is getting into the holiday spirit. the white house released video of bo making an inspection of this year's holiday decoration while the toy rep ply caf -- replica of boy stopped him in his tracks. ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make chan
in the big apple. >>> and later the white house releases the first beau obama christmas video. it's much better than the old barney camp videos and we have the tape to prove us. share your thoughts on facebook and twitter. we're coming right back. of ta. it's changing the conversation. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back to "the ed show." thanks for watching tonight. republicans want democrats to do their dirty work when it comes to medicare. we know president obama offered $400 billion in cuts to medicare and other entitlement programs over the next ten years. here's andrea mitchell trying to get an answer from jason shabbets on where he has a problem with it. >> is your problem that it's not specified? or do you have to produce a laundry list before he comes up with his? >> that's wh
date for mitt romney, going to the white house to meet with president obama. >> making a run for it, a zebra and a pony. those are real pictures. welcome to "early start." this was sent to us yesterday. they said this is a serious and true story. i said no way. it is. john berman is hosting "starting point" at 7:00, it's now 5:00 a.m. in the east. first 33 days until we reach the fiscal cliff and things are heating up on capitol hill. tim geithner, the chief fiscal cliff negotiator will meet with congressional leaders in an effort to get talks moving. there's no time to waste because there may be 33 days to get a deal done, but congress breaks for the holiday. that happens in just 15 days. white house correspondent dan lothian is live from washington this morning. dan, that clock is ticking louder and louder what is the very latest? i hear there are one-on-one meetings happening today. >> that's right. these are the president himself not sitting down and talking with lawmakers, but timothy geithner will be on capitol hill and other senior level members of the administration trying t
the timing, though. >>> bo obama in a new white house christmas video. the first dog inspects the white house christmas tree decorations and even stumbles upon a bo look-alike. there staring at that bo with lights hanging out of his mouth. the white house is expecting about 90,000 christmas visitors this year. >>> on the menu at the white house lunch date between obama and romney, chicken salad and turkey chili. jon stewart couldn't resist a jab. >> we do have some footage of governor romney arriving to the white house. i believe that's him there. then he's getting out. and then that. the lion. the campaign is over, so he doesn't have to pretend anymore. he can finally wear that serengeti lion sash. t... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. . >>> tomorrow marks the 25th anniversary of world aids day and ahead of that milestone the president issued a proclamation asking americans to stand with those living with aids worldwide. grassroots activis
. >>> and later, the white house releases the first bo obama christmas video. how about that? trust me, it's much better than the old barney cam videos that -- and we have the tape to prove it. >>> share your thoughts with us on facebook and on twitter using #edshow. we're coming right back. part of a whole new line of tablets from dell. it's changing the conversation. ♪ the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> welcome back to "the ed show." thanks for watching tonight. republicans want democrats to do their dirty work when it comes to medicare. we already know president obama offered $400 billion in cuts to medicare, and other entitlement programs over the next ten years. here's andrea mitchell trying to get an answer from house republican jason shabbitz on where he has a problem with it. >> what about the $400 billion in medicare? is your problem with it that it's not specified? do you want to see a more specific laundry list or produce
on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an historic u.n. vote on the palestinian's bid for statehood. israel's vice prime minister joins me live. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care an
on the wealthy. the headlines tell the story. "the washington post" wrote, "obama offers plan for cliff, not compromise." "the new york times." "gop balks at white house plan on fiscal crisis." and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so serious. and also, joanne, what is the strategy here, and is there a risk like looking like you're not really negotiating? >> well, you know, i think wh
mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encounter as friendly. >> i am happy to see this picture, it is good for the american people. >> reporter: a very different tone on capitol hill as fiscal cliff negotiations remain rocky. the president sent his top negotiator, treasury secretary tim geithner to meet with congressional leaders. afterward, house speaker john boehner said the white house had not proposed spending
, good afternoon, craig. as you can see the holiday decorations are going up here at the white house. but it doesn't seem like anyone is in the holiday spirit. in fact, house speaker john boehner today said that these negotiations are essentially in a stalemate. president obama as you know hit the road, went to hatfield, pennsylvania to take his case to the people of pennsylvania. trying to put pressure on republicans to get on board with his plan to increase taxes on the wealthiest americans. he made his case at a toy maker there and exceptionally said that if lawmakers can't get a deal done by the first of the year, taxes will go up on middle class americans by about $2,000. that will be bad for middle class americans and also bad for businesses like connects toy maker which is where he spoke a little earlier on today. especially as we enter the busy holiday shopping season. here is a little more of what president obama had to say today. take a listen. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family.
americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they ever have been and the clock is ticking. what timothy geithner said is as follows, nothing is going to get done unless republicans agree to raise rates on the wealthiest 2% of americans we know the figure by now. those couples filing jointly making more than $250,000. the rates must rise, not a matter of closing loopholes or deductions or simplifying the ta
both houses. meanwhile, the white house said tonight president obama has a two-step plan. the first is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get back to a little december reality. >> would you look at that. veronica has a look at another change coming our way. what about it, veronica? >> do you like that sunset? isn't that gorgeous? >> it's lovely. >> fiery red there on the horizon. and not a bad day. the wind picked up a bit. that northwesterly wind behind the cold front that came through very early this morning. high temps in fact for today, 60 degrees. that was at 5:00 a.m. we now stand in the mid-50s. pretty much falling temps all day. now 55 degrees. trinidad, and good afternoon to you folks in tyson's corner. up north, alrea
: president obama is leaving the white house heading to pennsylvania speaking at a plastics factory near the adelphia pitching his plan to raise taxes on a ridge. markets rose earlier this week when a compromise in the fiscal cliff debate seemed possible and the president made his first offer. i am calling it totally unrealistic slack in the face, dow industrials are up but only nine points higher. we have a report on manufacturing, the chicago p.m. eyes slightly better than last month. verysign licenses internet domain vain did it means, if i wanted to go stuart varney.com, go through them, but puts limits on how much they can charge. that is why stock is down 15%. back in 90 seconds. we are going to see illinois and the pension pipe. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find ou
presidential candidate is meeting president obama for lunch today in a private white house dining room. now, the president had promised, of course, in his victory speech that he would reach out to his rival. romney has been spending most post election time at his family's home in southern california. wouldn't you like to be a fly on the wall of that one? ♪ awkward >> slightly. or maybe they will actually be more, more warm and hospitable than we think. >> you think with such a partisan, divisive election. you wonder how they kind of break that ice, and the president with his political role model, lincoln. team rival. there was at some point, romney would be treasury secretary. a little unlikely. at least give romney a role in some economic council or advisory position. >> the president has gone on record and says he respects romney for his work with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >>
, white house aides insist president obama is yet to make a decision between susan rice or massachusetts senator john kerry as his replacement for secretary of state hillary clinton. at this point, aides say to me that the president knows he can't let this linger much longer, can't leave rice or kerry hanging in the wind. expect an announcement perhaps by early next weeks. >> chuck todd at the white house, thank you very much. >>> we want to turn and get a check of the day's other top stories. natalie morales over at the news desk. good morning. >> good morning, everyone. >>> ex-cia chief general david petraeus spoke out about his affair with biographer paula broadwell in a letter to his colleague james shelton nbc news has learned this morning. in the november 20th note, petraeus says, quote, i screwed up royally and tells shelton, quote, i paid the price appropriately and i sought to do the right thing at the end of the day. petraeus also praises his wife for standing by him. the affair brought about petraeus' resignation earlier this month. >>> renewed fears this morning that egypt co
-span networks. back in washington today at the white house, president obama has lunch scheduled with mitt romney, his presidential rival. they'll be having lunch in the white house private dining room. also today at the white house, jay carney holding his briefing. that's about 12:45 and we'll have that live for you at c-span.org. out of the white house today, vice president joe biden participating in the grand opening of washington, d.c.'s first cost could he -- costco store opened day. the vice president -- bakery and frozen foods. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> jill wouldn't let me have one. i went to get my wife's card, she said no. get your own. >> i don't want to get in the way of a man and his pie. >> my wife started a thing called book buddies. so i'm buying a bunch of books for book buddies. back in delaware. based on the things i know my grandkids like. children's books. >> now you know why my wife doesn't let me shop alone. all the people you meet in here today, and you see, these are hardworking folk
. if you and i were to close down this house, if president obama were to leave the white house tomorrow and bolt the door, if we passed absolutely no new laws, no new promises, made no new commitments, this red line represents the spending that would happen automatically. this red line represents the spending that happens if we don't change one thing. and what you see then, mr. speaker, is there's just no way. this green line represents taxes. there's no way we can raise taxes high enough to cover this amount of spending. if we took everything from everybody, mr. speaker -- hear that. if we had a 100% tax on every dollar you earned, if we took everything you had in your household and sold it all for its value, if we confiscated every asset of every business in america and we sold it at the auction block and we put all that money in a bank account to save for a-run day, we still -- save for a rainy day, we still would not have enough money to pay for the spending that we promised america in this red line. it's a strength problem we have. our -- it's a spending problem we have. our proble
! >> stephanie: oh my god. no i'm emt. it began four months before obama moved into the white house. the major spending decision in the 2009 fiscal year were made by george w. bush and the previous congress, just an fyi. >> flabbergasted. president thinks he's won an election or something. flabbergasted. [ laughter ] >> stephanie: it is a funny word. no normal person ever says that. >> say it when you're drunk. flabbergasted. >> stephanie: actually jim did say it. it's raining i'm flabbergasted. flabbergasted by everything. all right. yeah lindsey graham, drama queen that he is -- >> i would rather talk about him than lindsay lohan. >> stephanie: he said i think we're going over the cliff. it is clear to me they've made a political calculation. >> i wonder if lindsey graham looks better in a dress? i'm pretty sure. >> stephanie: president has put forward, it is in the g.o.p.'s court. they're the ones that aren't responding. >> tim geithner said no agreement without an increase in tax rates for the wealthiest a
of the white house. he got in trouble with leaving the white house. barack obama really from the time he left honolulu at age 18, and he pretty intensely shy to resolve the contradictions. >> he had a lot more contradiction. >> this is some confidence in the white house. >> if i can resolve the contradictions, why can the rest of the world of? and gave him a sense of exceptional as some. >> it was only 2011. i believe the record is under estimated. >> and some ways he was using a princeton of the hidden hand. healthn't he propose a care bill and drop it on the steps of congress? he did not do it because it would have failed the way he did for 100 years. that is how long progresses' have been trying to get it done. yet she got it done. he did take a slightly in direct way. it worked for him. he got more legislation through. >> there is this idea that somehow they had this first term. >> everybody talks about lbj. >> aristotle defined justice as the word used for integrity. the notion is exactly what you said. >> it is not the integrated life we knew it. it is the second term. thank you very mu
will be launched over the fiscal cliff if congress and the white house can't agree on a resolution. president obama and house speaker boehner took the fight to the podiums. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle-class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. that -- that doesn't make sense. >> it's not a serious proposal. and so, right now, we're almost nowhere. >> joining me now is nancy cook, budget and tax correspondent for national journal. welcome back, nice to see you. >> you, too. >> let's take a look at white house propose. $1.6 trillion in tax increases, $400 billion in savings. is that how this $1.6 trillion is going to be reached? >> the way the $1.6 trillion will be reached is primarily through the expiration of the bush-era tax cuts for the top 2% of taxpayers. then there would be some other increases in taxes on investment income, again for people above people making more than $250,000, and also some capping of deductions. so there's a, you know,
status. christian white. good to see you. president obama lost on the settlements on israel and loses on recognition palestinians with the u.n. what does it say about his policies. are they not sound? >> they are not sound and also we're decreasingly relevant to this process. we have been ignored in the two instances and we're essentially ignored the week before last when an element of the palestinian leadership hamas decided to go to war. also ignored by the u.n. we are incidentally the largest benefactor to the united nations paying more than 25% of agencies and 20% of the general fund. they feel free to ignore us. it's a problem with the photo op foreign policy with few real accomplishments and it's becoming more apparent to people around the world. >> gregg: we also supply aid to the palestinians, humanitarian aid. should that be reconsidered most recent actions against israel? >> with any aid you have to ask what it is doing, what goal is it advancing? we keep harping on both parties but seemingly hard the other israelis that we need to come to some sort of negotiation, get to th
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
. not in the way you might imagine. michelle obama and bill clinton have been nominated for grammy awards. the first lady was nominated in the best spoken word category for the audio version of "american grown" the book that tells the story of the white house garden and encourages healthy eating. anned former president was nominated in the same category for "back to work" why we need smart government for a strong economy. the returns for this ration will be on february 10th when we'll find out who won. heart healthy . step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? house garden and encourages we'll be right bachouse garden we'll be right bachouse garden we'll be right bac >>> welcome back to "hardball." did republican efforts to suppress the vote backfire this time? in dozens of states they made eff
imagine. michelle obama and bill clinton have been nominated for grammy awards. the first lady was nominated in the best spoken word category for the audio version of "american grown," the book that tells the story of the white house garden and encourages healthy eating. and the former president was nominated in the same category for "back to work, why we need smart government for a strong economy." the returns for this race will be on february 10th when we'll find out who won. we'll be right back. ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. >>> welcome back to "hardball." did republican efforts to suppress the vote backfire this time? in dozens of states they made efforts to keep people, especially minorities and poor people, from getting to the ballot box. they shortened early
from president obama and john boehner. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to congressional republican aides who have talked to the "wall street journal," they say they have obtained a copy of the white house's proffer here in the fiscal cliff negotiations. >> do you have faith in any of them to rise above? >> would it be okay to go over? >> we will rise above. >> one can only hope. so how should investors brace themselves for the big week ahead? in today's trader triple play, jeff kilburg, along with mahir dongei. steve, you get to go first. would you have expected that today basically a flat-line kind of day for the dow and s&p and so forth, would have been more volatile given greece, given the comments out of washington and in pennsylvania? >> i certainly would have.
that are given to people. and that's my comment. thank you. host: from the washington times this morning, obama, romney to meet for lunch at white house. the white house revealed that the men will have lunch in the private dining room of the white house. it will be their first extensive meeting ever other than their three debates during the fall campaign. they have had only a few brief encounters. while in washington, mr. romney also reportedly will visit with his former running mate paul ryan of wisconsin who is heavily golved in the g.o.p.'s negotiations with the obama administration to solve the government's fiscal cliff. since the election, mr. rom knit has secluded himself from the media at his southern california home making no public appearances but has bad photographed killing his car at a local gas station and taking a day trip with his grandchildren to nearby disneyland. linden in bristol, virginia on our democrats line. the g.o.p. says to address the spending problem, what do you think? caller: i kind of agree more with the president that it should be a balanced approach. yes, we pro
. we're not going to increase tax rates. >> warner: a white house spokesman shot back that republicans ought not to be surprised that mr. obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich of wnyc and public radio international says there's more movement behind the scenes than meets the eye. >> there does tend to be a pattern to how big negotiations like this go. the fact that they haven't reached an agreement yet doesn't mean they won't before christmas, doesn't mean they won't before new years. there is a value in doing some public posturing and trying to get the public and the media on your side in these negotiations. the speaker may be right, it may be a
there. >>> the white house releasing this photo of mitt romney and president obama shaking hands during yesterday's private lunch meeting. >> so there was a photo after all. >> released and taken by the white house. the former rivals promised to stay in touch after spending an hour discussing ideas for keeping america competitive. they dined on turkey chili and chicken salad. a source tells cnn there was no talk of a possible role for romney in the obama administration. >>> the supreme court may decide as early as today if it will tackle same-sex marriage. the justices will consider requests to review cases that challenge doma, the defense of marriage act, as a violation of the constitution's equal protection marriage. also on the table potentially, they're considering a challenge to prop 8, that is california's ban on same-sex marriage which voters narrowly approved back in 2008. >> this is a huge move by the court today to find out what they're going to do. >>> an update on the health of former president george h.w. bush. he's in stable condition at a houston hospital. he was admitted
. spending cuts. >> the white house drew its own line in the sand and said tax rates must go up on the top earners, but -- >> the middle-class tax cut should be made permanent. >> president obama stayed out of the fiscal cliff discussions and sat down for lunch with former rival mitt romney. >> i am sure they will or have already compared experiences on the campaign trail. >> today president obama hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the wealthiest 2%, let's get that first chunk done. republicans fear they could lose leverage if they cave in on the middle-class issue. apparently the president, his team has made increased demand here including, a provis
on the fiscal cliff with the deadline at the end of the month republicans are calling the white house's new proposal unrealistic, while president obama takes it on the road to rally support. joining me now isdom senator ben card enmember of the budget and finance committees. senator thank you for joining us. >> my pleasure. >> let's talk take a look at probe's proposal. a $50 billion stimulus package. some have characterized this as a democrats' wish list. can you put into perspective how realistic this is? >> i think it is a realistic next step. remember we've already done close to $1 trillion in deficit reduction during the debt ceiling agreement. so we've gotten $1 trillion of discretionary domestic spending savings. it's time now to move on the revenues. quite frankly, i think the easiest next step, i would hope this could happen as early as this week, is to pass the continuation of the lower tax rates for those under $250,000 of taxable income. get that done. everyone agrees on it. it helps the holiday season. it gives confidence. we know we have to get beyond that. we know we also hav
, president obama is trying to break that stalemate by asking voters to put more pressure on the republicans. cnn chief white house correspondent jessica yellin and chief political correspondent gloria borger join us right now. gloria, guess i'll start with you. does the president have any leverage? >> he has a lot of leverage right now. i mean, if you look back to the debt ceiling in the summer of 2011, you recall the president was accused of negotiating with himself because it was sort of a time of weakness for him. right now, look, joe, he's just won re-election. 67% of the american public according to our polls believes that there should be a deal that contains a combination of spending cuts and tax increases. more than half of the american public says, you know what, we'd like the taxes on the wealthy to go up. so he does have public opinion on his side. just been re-elected. so he feels like, you know, he's got the wind at his back so to speak. >> jessica yellin, when you look at the situation a lot of democrats on capitol hill are suggesting they're ready to go over the fiscal cliff.
business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >> there are a lot of options on the table, including that one. >> you are acknowledging that there will. >> the day after the election, i came here and i made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> right, so my question is what message do you have for people who are in the negotiating position or believe that it is inevitable that you have to accept some compromise on taxes? >> revenue is on the table. but revenue was only on the tab
writing today in "the financial times." president obama will be meeting with several governors today at the white house to talk about the fiscal cliff. they will be meeting this morning around 10:00 a.m. eastern time, and then the governors are slated to hold a news conference at around 11:30 a.m. eastern time. go to our website for more details. washington insiders tackle fiscal cliff policy solutions. the group will hold a roundtable discussion today on the importance of reform to address the nation's debt and deficit spending this event takes place this morning around 8:30 a.m. eastern time. go to our website for all our coverage of the fiscal cliff talks. we have a web site set up so you can follow along on our special page for these fiscal cliff talks. back to your phone calls. good morning, doris. caller: good morning. the plan that the republicans offered, this is just the romney-ryan plan that the american voters said no to. other than destroying our earned benefit, i do not call them entitlements because we worked hard and we earned them. there are no specifics. what loophol
he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obama won reelection and i congratulate him on his victory, but on january 20th, he'll face a stagnant economy and a fiscal mess. >> our people in an overwhelming way supported the reelection of this president, and there ought to be a quid pro quo and you ought to exercise leadership on that. >> you want the answer to solving the fiscal cliff? we put an offer on the table. the president now has to engage. >> you might even say he'll inherit these problems. >> the president is going away for christmas. he's going to hawaii for 20 something days. where am i going to be? where are my neighbors going to be? we're not going to have a place called home. where is the help? >> what's holding us back right now is a lot of stuff that's going on in this town. >> after the election of jimmy carter, he went to washington, d.c. and came back home with some bacon. >> that's right. >> that's what you d
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